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Author: Taylor David

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Blockchain vs. SWIFT

SWIFT is a system of worldwide interbank financial communication channels that has been operating since 1973 and works with 11,000 banks and other financial institutions.

Posted on July 25, 2022March 8, 2023 Taylor David
  • Decentralized Exchanges

What’s the difference between CEX and DEX

Binance, Coinbase, Huobi, Bitfinex, KuCoin operate similar to traditional stock exchanges. They have taken a ready-made algorithm that worked many years before crypto and transferred it to digital assets.

Posted on April 21, 2022March 8, 2023 Taylor David
  • Blockchain and Money: ICOs

What is a blockchain ICO?

Blockchain is a kind of registry for storing data, but it is not located in one place but is distributed among hundreds of computers participating in the blockchain system.

Posted on February 16, 2022March 8, 2023 Taylor David
  • Blockchain and cryptocurrency

Cryptocurrency could boost economic growth

Undeveloped and emerging economies that are experiencing rapid economic growth are more likely to adopt cryptocurrency.

Posted on October 19, 2021March 8, 2023 Taylor David
  • Blockchain and cryptocurrency

Is blockchain technology reliable?

Blockchain technology is relatively reliable, but not without vulnerabilities. Despite its decentralization and distributed nature, there is a risk of hacking.

Posted on September 6, 2021March 8, 2023 Taylor David
  • Decentralized Exchanges

DEX Perspectives

A decentralized exchange (DEX, decentralized exchange) is a platform for exchanging digital assets that operates on the principle of decentralization – without a central management in the form of one person or group of people and without a central node or server.

Posted on May 9, 2021March 8, 2023 Taylor David
  • Blockchain and cryptocurrency

How and when blockchain appeared

Blockchain is a technology for encrypting and storing data (a registry) that is distributed across multiple computers connected to a common network.

Posted on October 22, 2020March 8, 2023 Taylor David
  • Blockchain and cryptocurrency

How do blockchain technology and cryptocurrency work together?

Blockchain is not an additional technology for cryptocurrency, but a fundamental feature of cryptocurrency. Ultimately, blockchain and cryptocurrencies are united by a common beginning.

Posted on August 14, 2020March 8, 2023 Taylor David

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Banks and blockchain

Despite the absence of a blockchain revolution, banks have not given up on research into this technology. Financial institutions are actively registering blockchain patents: the People's Bank of China has 40 such patents, Bank of America has more than 50. Western Union, Visa and MasterCard have patents.

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